Coldwater Getting $757,000 In State Marijuana Tax Revenues
By: Mike Stiles -
Monday, February 24, 2025
(photo courtesy of the City of Coldwater
(COLDWATER) – The City of Coldwater will be receiving $757,000 from the State in marijuana tax revenues for Fiscal Year 2024.
The State is paying municipalities just over $58,000 for each marijuana retail store license. That’s the same as in 2023.
In addition, the Village of Quincy is getting $174,685, California Township will receive $58,225 and Branch County is getting $989,887.
The City of Coldwater has said they will designate all of their marijuana tax revenue money for the Rotary Park renovation project and other park projects.
